# PPP loan: ELECTRIC CAR SALES & SERVICE, INC.
> **$259K** approved 05/01/2020 · Paid in Full · Loan `1879977705`
## Borrower
- **Name:** ELECTRIC CAR SALES & SERVICE, INC.
- **Address:** 3850 CHERRY AVE, LONG BEACH, CA, 90807
- **NAICS:** 811118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Status:** Paid in Full
- **Term:** 3 months
## Use of funds
- **Payroll:** $208K
- **Rent:** $30K
- **Mortgage interest:** $7K
- **Utilities:** $5K
- **Health care:** $2K
- **Debt interest:** $7K
- **Jobs reported:** 43
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*